Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Short Interest Update

Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 11,762 shares, a growth of 220.4% from the July 15th total of 3,671 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 75,756 shares, the days-to-cover ratio is presently 0.2 days.

Franklin U.S. Mid Cap Multifactor Index ETF Price Performance

Shares of FLQM opened at $61.28 on Thursday. Franklin U.S. Mid Cap Multifactor Index ETF has a one year low of $53.87 and a one year high of $61.71. The firm has a market capitalization of $1.88 billion, a P/E ratio of 16.69 and a beta of 0.98. The business has a fifty day moving average of $58.92 and a 200 day moving average of $57.44.

Institutional Investors Weigh In On Franklin U.S. Mid Cap Multifactor Index ETF

Several hedge funds and other institutional investors have recently made changes to their positions in FLQM. Cetera Investment Advisers lifted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 23.3% in the 4th quarter. Cetera Investment Advisers now owns 1,311,994 shares of the company’s stock worth $73,813,000 after purchasing an additional 247,905 shares during the period. TrustBank bought a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the fourth quarter valued at approximately $10,271,000. Bank of America Corp DE increased its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 35.6% during the second quarter. Bank of America Corp DE now owns 677,284 shares of the company’s stock valued at $36,783,000 after buying an additional 177,777 shares during the last quarter. Piedmont Capital Management LLC NC purchased a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the fourth quarter valued at approximately $9,934,000. Finally, Orion Porfolio Solutions LLC increased its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 1,269.9% during the fourth quarter. Orion Porfolio Solutions LLC now owns 186,362 shares of the company’s stock valued at $10,485,000 after buying an additional 172,758 shares during the last quarter.

About Franklin U.S. Mid Cap Multifactor Index ETF

The Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) is an exchange-traded fund that is based on the LibertyQ US Mid Cap Equity index. The fund tracks a US-listed mid-cap equity index that selects and weights constituents based on four factors: quality, value, momentum, and volatility. FLQM was launched on Apr 26, 2017 and is managed by Franklin Templeton.